Marcus & Millichap Agents Join Forces on Five-Property Storage Portfolio

July 13th, 2007

The sale of the Delta Self Storage portfolio in California demonstrates the Marcus & Millichap advantage: a national investor database and broker network that guarantees success. The portfolio sold for a combined $27.2 million, or $62.10 per net rentable square foot, with the cooperation of Marcus & Millichap brokers and financial experts in Florida, Seattle and Sacramento. The total net rentable square footage of the portfolio is a whopping 438,175.

The agents involved were Michael A. Mele, a Senior Investment Associate at Marcus & Millichap’s The Mele Group and Scott Rutherford, an Investment Associate at The Mele Group, Joel Deis, an agent in the Seattle office of Marcus & Millichap, Christopher Secreto, a Director and Financial Expert for Marcus & Millichap Capital Corporation in Seattle, Michael Morgan, an agent in the Seattle office of Marcus & Millichap and Bobby Loeffler, Director of the National Self Storage Group at Marcus & Millichap in Sacramento.

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